How Does Oddsmonkey Work?

Oddsmonkey are a matched betting service that post bookmaker offers online every single day – collating each and every offer from over 100 different bookies.

Not only do they publish offers, but they post the exact method to guarantee a profit on almost every single one of them – meaning every member makes a profit week in, week out.

Many people, including ourselves, make four figure profits comfortably every single month by using their service.

They have several tools that we have reviewed below in more detail:

Tools & Services

As previously stated, the tools below are developed in-house by developers at the company – and they’re all included in their premium membership as standard:

Tutorials & Training

In terms of beginner training, you’ll be taken through the entire matched betting process from start to finish.

This includes videos and written guides to help you complete your very first offer, right through to completing more complex, high-earning offers.

Even the most simple offers can earn you a few hundred quid to complete, so they’re well worth doing.

You can actually earn a guaranteed £45 profit during their free trial, with no risk or any obligations to continue.

Oddsmatcher

The oddsmatcher was the original Oddsmonkey product – the thing that kept many matched betting sites running smoothly…

It really threw a spanner in the works when they decided to start their own matched betting service.

Sites like Profit Accumulator didn’t really know what to do with themselves – they cancelled their partnership with OM and rushed out their own oddsmatcher with less features as a result.

Oddsmonkey’s oddsmatcher is best odds searcher there is in our opinion – it will find every bet you need to place to complete any type of basic offer.

One thing we’re regularly asked is “how do you know which games to bet on?”

We don’t – we just bet on what the oddsmatcher tells us to!

Matched Betting Calculator

On the site is a simple betting calculator which tells you the exact stake to bet once you have entered the odds into it.

The calculator will inform you of how much profit you will make regardless of the outcome of the event.

The oddsmatcher and the calculator is all most people need when first introduced to matched betting, and the two tools alone can earn you over £1,000 in profit.

Horse Racing Matcher

Lots of matched betting reload offers (these are offers that you start after you’ve completed the sign-up bonuses) take place on horse races.

Because there are so many horse races each day, it can be easy to lose track of which races have offers on them and which don’t.

The horse racing matcher was designed to filter out any race that didn’t have an offer on them, and filters out all of the bookmakers that aren’t running promotions on each race too.

This means you can find horse racing matches with ease – and this is where the real money is.

Each Way Matcher

Sticking with the same sport, Oddsmonkey also have an ‘extra place’ horse racing oddsmatcher.

This tool is without a doubt the biggest benefit of a subscription with the company.

‘Extra place’ races are when bookmakers offer you 5 places each way instead of 4. Sometimes, they’ll be more generous and offer you 6, or 7, or maybe even 8 places on events like the Grand National.

With matched betting, you can hit a huge payout on these races for minimal risk, if your horse lands in the additional or ‘extra’ place.

Thanks to the each way matcher, you can cover the entire field of horses – or close to it – to guarantee that a horse of yours lands in an additional place.

Additional places are often worth hundreds of pounds in profit each time one lands, and without this tool it can be extremely difficult to cover more than a couple of horses at most.

Each way races aren’t for matched betting newcomers, and come once you are fully comfortable with the matched betting process – probably one or two months after you start up and have built your bankroll to a good level.

Extra Place Matcher

In June 2017, Oddsmonkey introduced the Extra Place Matcher to further improve the ease and efficiency of profiting from extra place races (my biggest earner!).

With this tool, you’re able to easily see the amount of profit you will win if your horse lands in the extra place, you’ll see your qualifying loss too, and my favourite part…

You can tick off every horse that you’ve already backed.

That’s right:

If you’ve already covered a horse, you can tick it off so that it no longer shows up in the Extra Place Matcher for that day.

Brilliant!

This means the previous tool – The Each Way Matcher – is now better for picking up each-way arbs on gubbed accounts for guaranteed profit.

Acca Matcher

Would you like to make a profit on every single accumulator you ever place?

It sounds unbelievable – believe me when I say I’ve been told it isn’t possible on more than one occasion!

However, with the acca matcher, you have multiple ways to make immediate and long-term profits on your accumulators.

Like extra places, acca offers aren’t for newcomers to matched betting – they are something that comes once you are fully comfortable with matched betting, reload offers and extracting maximum value from your free bets.

With the acca matcher, you have the option to:

Lock in a small profit from the start…

Risk a small qualifying loss for a bigger profit along the way, or…

Use their +EV ‘no lay’ accas that actually will earn you money long-term, even though you are essentially ‘gambling’. We weren’t sure about their no-lays at first, but after placing around 500 of them, we are comfortably in profit and can back them up.

Locking in a profit from the start is the most common and popular form of accumulator betting on OM – who wouldn’t want to earn a profit from every accumulator they ever place?!

Their Acca Matcher is split into two parts; Acca Finder and Acca Builder.

Acca Finder is much more beginner-friendly, and will easily find you accumulators for you to place. All accumulators in this section will abide by bookmaker T&Cs, so it really makes the whole thing easy.

Acca Builder is the older version of the tool, but still my personal preference.

In Acca Builder, there is a greater onus on manually including matches that you want.

Whilst this is certainly less efficient, it helps to ensure you’ll have unique accumulators when compared to other people – meaning we’re less likely to be spotted by the bookies!

Dutching Searcher

Dutching is similar to backing and laying, but instead of placing your back and lay bet, you instead place multiple back bets at different bookmakers.

This can help you to look like more of a mug bettor at various bookies at the same time, and it can actually help you to create arbitrage opportunities too.

The dutching software makes it incredibly easy to find two or three bookies with close odds to guarantee a profit or tiny qualifying loss when completing reload offers.

Casino & Bingo Offers

That’s right, you can even exploit casino and bingo offers!

Whilst Oddsmonkey tend to focus on the matched betting offers and give them much more of a push on the site, they do still have casino offers regularly posted.

They also offer an EV calculator which helps you to work out if a casino offer is profitable or not.

There are many low-risk offers in this section. In fact…

Here’s a nice little win we had on an offer recently:

The best part…if we didn’t win, we were due a 100% refund on that promotion!

Oddsmonkey Forum

We praised the forum on PA for being thriving, but our Oddsmonkey forum review would have to be this: simple, efficient, effective.

They have loads of staff, moderators and helpful community members who post daily/weekly offers for everyone to jump on board with.

There is lots of social chatter too, although the primary focus for everyone is making money.

There is also the daily offer calendar meaning that if you’re in a rush, you can easily filter out the noise.

This means if you’re tight for time of an evening or weekend, you can quickly find the offers, place your bets and log out. Simple!

They also run free-to-enter competitions each month with real cash prizes.

We see some review sites claiming that other forums are busier on the sole basis that they have more members.

Old Trafford is the largest football stadium in the Premier League…it’s certainly not the noisiest!

In the real money making forum discussions – which we class as the daily football and horse racing offers – Oddsmonkey has had the been the most active (in terms of both total comments and unique commenters) compared to the largest competitor in the market on 26 of the 30 days that we checked.

It just goes to show that quality of members is more important than quantity of members – OM seem to be incredibly good at attracting the right type of customer; knowledgeable, helpful and engaged.

Customer Support

We don’t say this lightly…

Oddsmonkey give us the best customer service we’ve ever received from a company. Ever.

Seriously.

And this isn’t a one-off either, they regularly exceed our customer service expectations whenever we’re in contact with them.

Their email staff were so helpful, and when we had some initial fears we had a phone conversation that answered all of our questions.

We’ve never looked back since – and their service, along with their amazing value product, is what stands them apart from their competitors.

If you ever get stuck for any reason – whether that be with an offer, with your membership or anything else – they are more than willing to lend a hand.

Success Stories

There are absolutely thousands of Oddsmonkey success stories, but we decided to ask members of the site themselves what their own success story was.

We’ve cherry picked a few of the best ones to include here…

This guy managed to use the company to fund a business startup:

Keeping things closer to home, one forum member had managed to save £5,000 towards a house deposit:

There were plenty of stories from people that have bought cars, paid for holidays and weddings – and even some that have wasted a lot of money enjoying themselves too!

And there was a touching story which we’re sure will resonate with a number of readers, and it was a big hit with other forum users on the site:

Conclusion

We give Oddsmonkey a full 5 out of 5 stars, compared to the 2 out of 5 we awarded to their biggest competitor in our Profit Accumulator review.

We absolutely recommend the company for your matched betting, and can comfortably say that we believe they offer the best value premium matched betting membership in the entire industry, with significantly cheaper subscription fees than their biggest rivals.

Sign up for their free trial through this link and try them out for yourself.

Review Summary

Reviewed By

Luke

First Reviewed

2016-12-07

Reviewed Item

Oddsmonkey

Our Rating

5

Oddsmonkey Review 2018: The Review Their Competition Won’t Want You to See was last modified: February 19th, 2018 by Luke

31 thoughts on “Oddsmonkey Review 2018: The Review Their Competition Won’t Want You to See”

Im interested now, but I need more information about a couple of their services, particularly the horse racing, each way and dutching if you would be so kind. To be frank about it, do these services offer much in the way of guaranteed lock in profits?

One of the best things about PA is that they are very good at showing you how to make a lot of money at no risk with a lot of lock in offers. Between the acca catcher lock in method and the daily offers on their £1000 a month thread, I regularly bring in £1500+ every month. The one problem is that most of these offers are low individual ev, £5 fb leading to a £3 profit at best. Thats fine, but when you factor in good mugging strategies, the ev is actually much lower making it a lot of work for no real benefit. That being the case, I’m always interested in other options for making money and PA dont really cater to people interested in horses and dutching methods.

Is that the £1,000 a month thread that posts the same offers every day for £2 profit on £250 investment on accounts that will get everyone gubbed (if they’re not already)? And includes price boosts that are live for 10 seconds which almost certainly no one got on? That thread makes me laugh with how embarrassing it is. The site claims you can earn £2,000 profit a month and then has a £1,000 a month thread that struggles to survive! Awful.

The additional tools you’re on about with OM will not offer you much if guaranteed lock-ins are what you’re after (well, the dutching one may but you might risk account health doing that). What they will offer you is the chance to hit huge wins for small QLs. For example, on the extra place races you can cover the entire field or close to it far easier than you can without the extra place software – in fact, if you don’t have access to this software then it’s tough to do at all – I never managed it until I had the software and I used to spend all day every single Saturday and Sunday on the horse racing offers.

The best thing about these pieces of software is that they allow you to free up serious time. Sure, you can make more money too if that’s your ultimate goal, but I know I prefer making £1,500 – £2,000 profit a month easily without having to invest too much time into it.

Would you recommend on having both PM and OM then? Would that reason be because PM are top of their game when it comes to casino offers? I’m asking because it doesn’t make sense to sign up to 2 match betting sites otherwise?

Hi Luke, I once dabbled with Binary Accounts on the stock exchange,with similar promises of earning a regular “top up to my monthly pension” I found the process to be extremely simple, just following an appointed trader to advise me, ( at a percentage cost )until all advice on one set of trading fell apart,losing 10 out of 12 predictions. The money I had accumulated over a 3 months period was derisory and took 2 extra months before it was transferred to my bank. There has been no contact with them since. My simple question is, “is there any difficulty to withdraw money as and when needed ,on the schemes which you have analysed. ? Many thanks manufc

I also subscribe to Profit Maximiser and more recently to Oddsmonkey but have yet to use both to full effect – thus far – due to time constraints. What would you recommend focusing on with Oddsmonkey with regard to the tools?

I’m thinking of signing up to Mike Cruickshank’s Betting Mastermind product but I’m unsure if it would provide enough of a profit boost over and above what I can make from PM and OM to warrant the cost of BM.

For OM, I would be utilising their Eachway Matcher to full effect – particularly on the extra place races. Betting Mastermind would be a solid investment if you can find the time (I know you just said this was an issue). If you can’t find the time then OM’s acca and eachway tools, along with the other products, are more than just a handy alternative.

Thanks for the info. I’m looking at the Each Way Matcher just now on OM but I think I’ll need to read it more than once to get to grips with it – it all looks a bit daunting… One thing which I wonder would affect (potential) increased profit from Betting Mastermind is the issue of multiple accounts. I know some PM members use this approach to bump up their income (and it’s a bit iffy legally), however it’s something I’m unable to avail myself of.

Are Oddsmonkey’s Each Way Matcher and their Acca products more ‘bookie friendly’, relatively speaking, than Mike Cruickshank’s Each Way Sniper and Accumulator Generator?

Although the latter two have merit, the experiences of others have shown that implementing them can – in practice – result in quick account restrictions. It doesn’t seem worth losing bookie accounts for smallish short-term returns.

I like the no-lay approach for keeping bookmaker accounts healthy, but you have to be able to handle variance with those. Both acca tools have that option.

EWS is just a lot more efficient imo – mainly because you can tick off horses that you’ve already covered so they don’t keep showing. I can’t see how either tool would be more/less bookmaker friendly on that one.

The Oddsmonkey oddsmatcher does not update in real time. This is because every single user can save custom settings to their oddsmatcher within their account. It’s much easier to auto-update a generic oddsmatcher where everyone sees the same thing at the same time, compared to one that is bespoke to every user.

Hi Luke. I am currently a subscribing member on PA but am considering switching to OM. Do you consider the oddsmatching software on OM to be better than PA’s? I am getting irritated by the software on PA as it seems to be broken every day, with bookies not showing up and odds being slow to update.

It’s possible to join and follow from other countries, yes, but I can’t comment on how valuable it would be for whatever country you live in. You’d have to join and try – there’s a refund available if you don’t find it useful.

Real comments, real article! That said, some comments will get stuck in our spam filter and some won’t be approved if we believe that they are in fact fake, or trolling, or whatever else, as we are in our rights to do.

Wouldn’t it be a fantastic service where you invest say 1000 pounds and let someone else make the bets for you every day. They have all of the accounts and you give them 50% of all they win, you see your money being used and bets going on. I’m amazed someone hasn’t thought of a service like that, or is there such a service..?